Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nasdaq  >  Cypress Semiconductor Corporation    CY

News SummaryMost relevantAll newsSector newsTweets 

Cypress Semiconductor Corporation : U.S. Patent and Trademark Office Confirms Cypress SRAM Patent Asserted in Cypress's ITC Action Against GSI Technology

share with twitter share with LinkedIn share with facebook
share via e-mail
05/03/2012 | 02:40pm CEST

Cypress Semiconductor Corp. (Nasdaq: CY) today announced that the U.S. Patent and Trademark Office (PTO) has completed its re-examination of Cypress's U.S. Patent No. 7,142,477 and confirmed its validity. In particular, the PTO confirmed without amendment both of the claims being asserted by Cypress in the International Trade Commission's (ITC) patent infringement case against GSI Technology Inc., and allowed 64 new claims added by Cypress during the re-examination.

"The Patent and Trademark Office's re-examination review was exhaustive," said Dana Nazarian, executive vice president of Cypress's Memory Products Division. "The '477 patent was re-examined in light of all of the prior art submitted by GSI in its re-examination request, as well as prior art used by GSI in its defense of the ITC investigation. The PTO ruling confirms what we've known all along - that the '477 patent is rock-solid.

"In a November 2011 press release, Lee-Lean Shu, the CEO of GSI, said 'we are confident that completion of the re-examination will result in a final rejection of these claims,'" Nazarian continued. "The PTO not only reaffirmed the '477 patent, it allowed 64 new claims. It is now clear that Mr. Shu's prediction about the '477 patent was wrong."

In June 2011, Cypress filed a complaint with the ITC alleging that GSI's SigmaQuad-II™, SigmaQuad-III™ and SigmaDDR™ SRAM families infringe four Cypress SRAM patents. The case was later expanded to include GSI's standard synchronous and ZBT SRAMs, as well as a proprietary product made by GSI for its largest customer. The complaint seeks an exclusion order from the ITC that would prevent the importation of all infringing GSI SRAMs. The trial has been completed, and the ITC is expected to rule on this case in late July.

About Cypress

Cypress delivers high-performance, mixed-signal, programmable solutions that provide customers with rapid time-to-market and exceptional system value. Cypress offerings include the flagship PSoC® 1, PSoC 3 and PSoC 5 programmable system-on-chip families and derivatives, and CapSense® touch sensing and TrueTouch® solutions for touchscreens. Cypress is the world leader in USB controllers, including the high-performance West Bridge® solution that enhances connectivity and performance in multimedia handsets, PCs and tablets. Cypress is also the world leader in SRAM memories. Cypress serves numerous markets including consumer, mobile handsets, computation, data communications, automotive, industrial and military. Cypress trades on the Nasdaq Global Select Market under the ticker symbol CY. Visit Cypress online at www.cypress.com.

Cypress and the Cypress logo, PSoC, CapSense, TrueTouch and West Bridge are registered trademarks of Cypress Semiconductor Corp. All other trademarks are property of their owners.

Cypress Semiconductor Corp.
Joe McCarthy, 408-943-2902
Corporate Communications
[email protected]

© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
05/25 CYPRESS SEMICONDUCTOR : Expands Long-term Collaboration with Bosch Automotive in..
05/25 CYPRESS SEMICONDUCTOR : CypressFirst Comments on Cypress Semiconductor Supplemen..
05/24 CYPRESS SEMICONDUCTOR : Announces Quarterly Cash Dividend
05/23 CYPRESS SEMICONDUCTOR : Announces Quarterly Cash Dividend
05/22 CYPRESS SEMICONDUCTOR : New Cypress Evaluation Kit Enables Simplified Design tha..
05/19 CYPRESS SEMICONDUCTOR : CypressFirst Comments on Cypress Semiconductor Supplemen..
05/19 CYPRESS SEMICONDUCTOR : CypressFirst Sends Letter To Cypress Semiconductor Stock..
05/17 CYPRESS SEMICONDUCTOR : Expands Long term Collaboration with Bosch Automotive in..
05/17 CYPRESS SEMICONDUCTOR : Expands Long-term Collaboration with Bosch Automotive in..
05/16 CYPRESS SEMICONDUCTOR : Expands Long-term Collaboration with Bosch Automotive in..
More news
Sector news : Semiconductors - NEC
05/21 With new sheriff in town, South Korea big businesses duck for cover
05/19 SK HYNIX : says will bid for Toshiba's memory chip business as part of a consort..
05/18 Japan fund, likely Toshiba chip unit investor, to raise $2.7 billion
05/16DJHow Nvidia Invaded Intel's Turf -- Heard on the Street
05/16 Japan urges Toshiba, Western Digital to get along as chip spat flares
More sector news : Semiconductors - NEC
News from SeekingAlpha
05/26 Top Technology 'Safer' Dividend Stocks Projected For One Year Gains
05/24 Cypress Semi +3% as BAML buys the dip
05/24 Tech Dogs Richardson, TiVo, Nam Tai And RELM Tagged For Big May Gains Per Bro..
05/23 Cypress Semiconductor declares $0.11 dividend
04/27 Cypress Semiconductor (CY) Q1 2017 Results - Earnings Call Transcript
Financials ($)
Sales 2017 2 217 M
EBIT 2017 336 M
Net income 2017 -23,1 M
Debt 2017 898 M
Yield 2017 2,55%
P/E ratio 2017 -
P/E ratio 2018 27,95
EV / Sales 2017 2,46x
EV / Sales 2018 2,29x
Capitalization 4 556 M
More Financials
Duration : Period :
Cypress Semiconductor Corp Technical Analysis Chart | CY | US2328061096 | 4-Traders
Full-screen chart
Technical analysis trends CYPRESS SEMICONDU...
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 16,0 $
Spread / Average Target 16%
Consensus details
EPS Revisions
More Estimates Revisions
Hassane El-Khoury President, Chief Executive Officer & Director
H. Raymond Bingham Executive Chairman
Dana C. Nazarian Executive Vice President-Operations & Technology
Sam Thad Trent Chief Financial Officer & EVP-Administration
Paul D. Keswick Executive VP-Marketing & Information Technology
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
BROADCOM LTD36.45%96 672
More Results